Daily: China’s rebar price at 2-year high, sales revive

On February 22, China’s rebar price rose to its two-year high after having nudged up for the fourth consecutive day since China was back to work from the Chinese New Year (CNY) break on February 18, and the daily sales of construction steel including rebar, wire rod and bar-in-coil revived to 101,029 tonnes/day , according to Mysteel’s monitoring.